Property score
91.8
Excellent
Overall 91.8 · Larger and newer than most nearby homes
3,190 sqft (top 1%) · Built in 2016 (1 yr newer than avg)
Located in a high-income area with median household income of ~103k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby
Living Area
Above average
58% larger than neighborhood avg.
Year Built
Above average
1 yrs newer than neighborhood avg.
Mother tongue
English · 40%Chinese · 21%
Past 10 years Bridgwater Lakes sales snapshot (~80% of all data)
738
647.5k
$319/sqft
2015
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91.8 is composed by the two sections below.
Property Score
Community Score
Bridgwater Lakes
How to read: Share of sales in each ~$50k price band for “bridgwater lakes” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257
$103K
Median household income
$120K
Average household income
14%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.4
P90 / P10 ratio
13%
Single-person households
44%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
63 Water Bend Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 238 m).
Bridgwater Lakes · WPS public data · 2026
Annual incidents
2
2026
vs. city avg
-93%
relative to avg
Year-over-year
▼ -96%
vs. prior year
Primary type
Other
50%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 33% | Top 1% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 63 Water Bend Road, Bridgwater Lakes
Key Characteristics & Appeal
This is a substantial, modern family home in the sought-after Bridgwater Lakes neighbourhood. Built in 2016, it offers over 3,100 square feet of living space on a large, 14,166 sqft lot, placing it in the top tier of homes locally for both size and land area. Key features include an attached garage, a private pool, and a renovated basement. Its appeal lies in the combination of contemporary construction, generous indoor and outdoor space for entertainment and family life, and its position within a highly rated community. The data suggests a home that is not only well-above average for the area but has also demonstrated strong value retention.
This property would ideally suit established families or professionals seeking a move-in ready, premium home in a newer suburb. It fits buyers who prioritize space, modern amenities, and outdoor living (with the pool as a central feature), and who value a home that stands out statistically within its peer group for size, lot, and assessed value.
Frequently Asked Questions
1. How does this home compare to others in Bridgwater Lakes?
The home ranks in the top 2% of the neighbourhood for both living area and assessed value, and in the top 1% for lot size. This indicates it is a notably larger and more valuable property than the vast majority of homes in the area.
2. What is the significance of the assessed value versus the last sale price?
The current assessed value is $152,700, while the home last sold for $1,470,000 in October 2021. It's important to understand that municipal assessed value for tax purposes is typically much lower than market value and does not reflect a current sale price. The historical sale price is a more relevant benchmark for market value.
3. Is the pool a common feature for this area?
While the listing confirms a pool, the provided data does not specify how common pools are in Bridgwater Lakes. It is a desirable luxury feature that enhances outdoor living on this large lot.
4. The home ranks highly in Winnipeg overall. What does that mean?
Rankings in the top 1-2% citywide for living area, lot size, and assessed value confirm this is a premium property by Winnipeg standards, not just within its immediate neighbourhood.
5. The lot is very large. What are the potential benefits?
Beyond privacy and space for a pool and recreation, a lot of this size (over 1/3 of an acre) offers flexibility for future landscaping, gardening, or even additions, subject to local bylaws. It's a rare find in newer suburban developments.
